New Age Metals

First Energy Metals to Voluntarily Delist From TSX Venture Exchange and List on Canadian Securities Exchange

VANCOUVER, Feb. 28, 2019 /CNW/ - First Energy Metals Ltd. (TSX-V: FE or the "Company) announces that it has requested its common shares be voluntarily delisted from the TSX Venture Exchange ("TSX-V"). The common shares are expected to be delisted on or about March 4, 2019.

First Energy Metals Limited has received final approval to list its common shares on the Canadian Securities Exchange ("CSE"). The Company's common shares are expected to commence trading on the CSE at market open on March 1, 2019. The Company's trading symbol FE remains the same.

About First Energy Metals Limited.

First Energy Metals Limited is a junior resource company engaged in the exploration and development of energy metals such as cobalt, nickel and graphite within its property portfolio in North America. The Company's goal is to acquire prospective technology metals properties and develop them. The Company currently holds an option to acquire 100% interest in Phyllis Cobalt Property in Ontario, Canada, in addition to the recently optioned Russel Graphite Property in Gatineau area of Quebec. First Energy Metals Limited (formerly "Agave Silver ") was incorporated on October 12, 1966 in the province of British Columbia. The Company's common shares trade on the TSX Venture Exchange under the symbol FE and are also listed on the US OTC Markets (Pink) as ASKDF and on the Frankfurt Stock Exchange as A2JC89.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.

Forward-looking Information 
This news release may contain forward-looking information (as such term is defined under Canadian securities laws). While such forward-looking information is expressed by the Company in good faith and believed by the Company to have a reasonable basis, they address future events and conditions and are, therefore, subject to inherent risks and uncertainties.  The Company expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except in accordance with applicable securities law.

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